Turkey's chicken production to grow by 2.8% in 2020

Published 2020년 9월 8일

Tridge summary

Turkey's chicken meat production is projected to see a limited increase of 2.8% in 2020 due to high feed prices, lack of slaughtering capacity, and COVID-19 restrictions on restaurants and hotels. However, a 5% rise is anticipated for 2021. In 2019, Turkey produced 2.13 million tons of chicken meat with a consumption of 1.73 million tons. The poultry sector's competitiveness is hampered by heavy reliance on imports for feed and breeding materials. Despite high production costs, poultry prices in Turkey remained stable during the pandemic, largely due to high stock levels. Exports of chicken meat increased by 12% in 2020, primarily to Iraq.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The growth rate of production in the industry is not high enough due to feed prices, lack of additional slaughtering capacity, as well as restrictions on the operation of restaurants and hotels in connection with the COVID-19 pandemic The growth of chicken meat production in Turkey falls short of market expectations, FAS USDA notes (USDA Foreign Agricultural Service). Turkey's chicken production is projected to increase by only 2.8% in 2020 to 2.2 million tonnes due to high feed prices, lack of additional slaughtering capacity, and restrictions on restaurants and hotels in links to the COVID-19 pandemic. In 2021, an increase of 5% is expected over the previous year. In 2019, Turkey produced 2.13 million tons of chicken meat (plus 59 thousand tons of turkey meat). In 2020, the consumption of chicken meat in Turkey is estimated at 1.74 million tons.In 2021 it will grow by another 3%, to 1.8 million tons. In 2019, the consumption of chicken meat in this country amounted to 1.73 ...

Source: Specagro